TerraClassicUSD Market Cap Achieves $105.26 Million (USTC)

TerraClassicUSD (USTC) traded 3% lower against the dollar during the 24 hour period ending at 12:00 PM ET on June 18th. One TerraClassicUSD coin can currently be purchased for $0.0183 or 0.00000028 BTC on exchanges. TerraClassicUSD has a total market cap of $105.26 million and $48.16 million worth of TerraClassicUSD was traded on exchanges in the last day. During the last seven days, TerraClassicUSD has traded down 10.4% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • Avalanche (AVAX) traded 6.8% lower against the dollar and now trades at $26.19 or 0.00040558 BTC.
  • NEAR Protocol (NEAR) traded 11.3% lower against the dollar and now trades at $4.57 or 0.00007074 BTC.
  • Internet Computer (ICP) traded down 8.7% against the dollar and now trades at $8.02 or 0.00012416 BTC.
  • Hedera (HBAR) traded down 6.6% against the dollar and now trades at $0.0752 or 0.00000116 BTC.
  • Cosmos (ATOM) traded 7.6% lower against the dollar and now trades at $6.44 or 0.00009971 BTC.
  • Cronos (CRO) traded down 3% against the dollar and now trades at $0.0923 or 0.00000143 BTC.
  • Fetch.ai (FET) traded 11.2% lower against the dollar and now trades at $1.19 or 0.00001842 BTC.
  • Algorand (ALGO) traded down 8.9% against the dollar and now trades at $0.13 or 0.00000206 BTC.
  • Akash Network (AKT) traded down 9% against the dollar and now trades at $2.68 or 0.00004132 BTC.
  • Kava (KAVA) traded 14.7% lower against the dollar and now trades at $0.44 or 0.00000688 BTC.

TerraClassicUSD Profile

TerraClassicUSD uses the hashing algorithm. It launched on April 24th, 2019. TerraClassicUSD’s total supply is 8,959,682,507 coins and its circulating supply is 5,752,182,895 coins. The official website for TerraClassicUSD is terra.money. TerraClassicUSD’s official Twitter account is @terra_money and its Facebook page is accessible here. The official message board for TerraClassicUSD is medium.com/terra-money.

According to CryptoCompare, “TerraClassicUSD (USTC) is a digital asset built on the Terra blockchain and created due to the de-pegging of TerraUSD (UST) from the US dollar. USTC is designed to provide users with a digital asset that maintains a value relative to a basket of assets, including the US Dollar and other stablecoins. It is issued and managed by Terraform Labs and provides an easy and secure way to transfer value within the Terra network. In early May 2022, the price of Terra’s LUNA and UST tokens began to plummet, leading to the collapse of both tokens and the Terra network. To protect users, Terraform Labs moved users’ UST tokens to the Terra Classic wallet, exchanging them for USTC tokens, and providing more market liquidity.”

TerraClassicUSD Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as TerraClassicUSD directly using U.S. dollars. Investors seeking to trade TerraClassicUSD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy TerraClassicUSD using one of the aforementioned exchanges.

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